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The ad will run on porn websites in swing states in an apparent effort to reach young male voters. AdvertisementAbout a month shy of Election Day, it seems no corner of America is free from politics — not even porn websites. The advertisement will run on porn websites in the seven key battleground states: Pennsylvania, Michigan, Wisconsin, North Carolina, Georgia, Arizona, and Nevada. Young men are a particularly coveted voting bloc that both candidates are trying to woo through targeted media appearances. Porn websites are some of the internet's most popular pages and young men are most likely to visit them, the New York Times reported.
Persons: Dems, , Donald Trump, Kamala Harris, Trump, Trump's, Danielle Alvarez, Harris Organizations: Organizers, Trump, Service, New York Times, Survey Locations: America, Pennsylvania, Michigan , Wisconsin, North Carolina , Georgia, Arizona, Nevada
The Vanderbilts, one of America's wealthiest Gilded Age families, owned multiple opulent homes. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementDuring the Gilded Age, Cornelius Vanderbilt was America's richest man with an estimated net worth of $100 million, or around $200 billion in today's currency. His grandson, Cornelius Vanderbilt II, succeeded him as the president and chairman of the New York Central Railroad in 1885. The seaside residence, named "the Breakers" after the waves that break on Newport's rocky shores, was one of many opulent homes that the Vanderbilts owned as one of America's wealthiest Gilded Age families.
Persons: , Cornelius Vanderbilt, Jeff Bezos, Mark Zuckerberg, Warren Buffett, Cornelius Vanderbilt II, Alice Vanderbilt Organizations: Breakers, Service, New York Central Railroad Locations: Newport , Rhode Island
Harris has proposed expanding the small business tax credit from $5,000 to $50,000. She even mentioned a key proposal in her opening answer at the presidential debate: expand the small business tax credit 10-fold, from $5,000 to $50,000. Theodos called small businesses "essential" for the US economy, and Buttle said they're a crucial source of innovation. The Pew Research study found 61% of small businesses are majority-owned by men and, as of 2021, 85% were majority-white owned. "We're talking about community businesses, micro-businesses, businesses where the founder doesn't have as much net worth," Theodos told BI.
Persons: Harris, , Patricia Oswlad, Oswald, Kamala Harris, Rhett Buttle, Joe Biden, Taylor McCleneghan, Danielle Parhizkaran, Brett Theodos, Garret Watson, Theodos, Buttle, McCleneghan, Watson, Chip Somodevilla, they're, Mary Hansen, Francine Orr, doesn't Organizations: Service, Business, Brisa Systems, Small Business, Small, Boston Globe, Getty, Urban Institute, Foundation, Tax Foundation, Pew Research Center, American University, Los Angeles Times, Congress, Pew Research Locations: Chicago
Ann Morrow Johnson is the design director at Gensler, a leading architecture firm. AdvertisementThis as-told-to essay is based on a conversation with Ann Morrow Johnson, the design director and global entertainment leader for Gensler's Entertainment and Experience Design Practice. AdvertisementI worked on several projects while at Disney, including the Star Wars Galactic Star CruiserAnn Morrow Johnson at Disney's D23 Expo in 2019. Image Group LA/Getty ImagesI started at Disney Springs at Walt Disney World, then transitioned to the project manager on the initial "Star Wars" offerings at Disneyland before becoming the global producer for all shorter-term "Star Wars" projects worldwide. I later became the executive creative director and executive producer for Star Wars: Galactic Starcruiser.
Persons: Ann Morrow Johnson, Johnson, , Robert A.M, Stern, Alice, Ann Morrow Johnson's, Disney —, Walt Disney, you've, I've, that's, Star Wars Galactic Star Cruiser Ann Morrow Johnson, Gensler Organizations: Disney Imagineering, Service, Gensler's Entertainment, Disney, Stern Architects, Walt Disney Imagineering, Star Wars Galactic Star Cruiser, Disney Springs, Walt Disney, Star Wars
Tony West, Harris' brother-in-law and an Uber executive, doesn't plan on serving in her cabinet. Other private sector stars are in the running for key positions like Treasury secretary. Tony West, Harris' brother-in-law and a top executive at Uber, has been instrumental in cementing the vice president's relationship with corporate America. Sources told Semafor he's a leading candidate for Treasury secretary, among other positions. Related storiesBut Chenault isn't a shoo-in — leaders on and off Wall Street are also jockeying for the coveted position.
Persons: Tony West, Harris, , Kamala Harris, Uber, Ken Chenault, Chenault, Semafor he's, Berkshire Hathaway, Wally Adeyemo, Gina Raimondo, Jamie Dimon, JPMorgan Chase, Blair Effron, Charles Phillips, Brad Smith, Lina Khan, Gary Gensler, Mark Cuban Organizations: Service, White, Uber, America, Wall Street Journal, Former American Express, Democratic, Democratic National Convention, American Express, Facebook, IBM, Procter, Gamble, Treasury, Commerce, JPMorgan, CNBC, Microsoft, Federal Trade Commission, Securities, Exchange Commission, SEC Locations: Airbnb, Berkshire
In the days leading up to Hurricane Helene, Dr. Lisa Kaufmann worked around the clock to make sure her North Carolina hospital system was as prepared as possible, stockpiling supplies like water, food, medication and equipment. Dr. Lisa Kaufmann and staff meet to discuss the current situation at UNC Appalachian Regional Healthcare System. Courtesy Dr. Lisa KaufmannForty-two hospital employees are still unaccounted for, unable to be reached by phone and possibly stuck in places that are inaccessible. Follow live updates on the aftermath of Hurricane Helene“We think most of them are probably OK,” Kaufmann said. Kaufmann said the number of employees unaccounted for at UNC Appalachian was much higher immediately after the storm.
Persons: Hurricane Helene, Lisa Kaufmann, Kaufmann, they’re, Lisa Kaufmann Forty, Helene “, ” Kaufmann, , Hannah Drummond, it’s, we’ve, ” Drummond, Alice Salthouse, ” Salthouse, We’re, Vicky, , she’s, Organizations: UNC Appalachian Regional Healthcare, Mission Health, National Nurses United, UNC Appalachian Locations: Hurricane, North Carolina, Asheville
Erik Menendez was 18 and Lyle Menendez was 21 when their parents were fatally shot in 1989. “My hope is that Erik and Lyle Menendez’s life sentences are reconsidered,” Kardashian says. Actor Cooper Koch, who plays Erik Menendez in the Netflix series, joined her. Erik Menendez, now 53, had earlier slammed the Netflix series’ dramatized portrayal of his and his brothers’ lives as “blatant lies” and accused the show’s creator, Ryan Murphy, of purposefully creating a caricature of Lyle Menendez, now 56. Kardashian acknowledged in her essay that the brothers’ crimes “are not excusable” and that neither was their behavior after the murders.
Persons: Kim Kardashian, Menendez, Lyle, Erik, ” Kardashian, Erik Menendez, Kitty, , , Lyle Menendez, Lyle Menendez’s, Andrea Renault, Netflix’s, Kardashian, Cooper Koch, Ryan Murphy, Kamala Harris, Joe Biden, Donald Trump’s, Alice Marie Johnson, Trump Organizations: NBC, Los, AFP, Getty, Netflix, White Locations: Beverly Hills , California, Los Angeles County, New York City, California, San Diego
Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Fashion house Coperni took over Disneyland Paris on Tuesday evening and staged their show in front of the iconic Sleeping Beauty castle. Brand history was similarly front and center at Alexander McQueen, where Seán McGirr showed his second collection for the label. River Callaway/WWD/Getty ImagesBirds were a recurring motif in the Stella McCartney collection shown during Paris Fashion Week and chosen by the designer to protest their use in the fashion industry. Jerome Domine/Abaca Press/Sipa USA"I’ve been thinking of the billions of birds that get killed for the fashion industry," said McCartney.
Persons: Coperni, Lyvans Boolaky, Chemena Kamali, Pascal Le Segretain, Valentino, Alessandro Michele, Gucci, Michele, Alexander McQueen, Seán McGirr, , Johanna Geron, Ann Demeulemeester, Stefano Gallici, ” Gallici, Francois Durand, Alphonse Maitrepierre’s, Donald Duck, Miyake, Julien De Rosa, Kristy Sparow, Issey Miyake, Wool, knitwear, Mickey, Sébastien Meyer, Arnaud Vaillant, , Chanel, Van Noten, Sarah Meyssonnier, Stella McCartney, I’ve, McCartney, Jerome Domine, Jerome, Andreas Kronthaler, Vivienne Westwood’s, Paul Watson, Dame Vivienne, Vivienne Westwood, Louis Sullivan, Junya Watanabe, Dior, , Sagg Napoli, Sofia Ginevra Giannì, Jonathan Anderson's, Loewe, Ik, Louis Vuitton, Miu Miu, Miuccia Prada, Goshka Macuga, Saint Laurent, Yves Saint Laurent, Demna Gvasalia, Giovanni Giannoni, Dykes, Williams, Harri Shanahan, Thatcher, Antonin Tron, Gigi Hadid, McGirr, Donald, Justin Shin, Mary Jane, Victor Virgile Organizations: CNN, Paris, Paris CNN, Paris Fashion, Disneyland Paris, Getty, Pompidou, Disney, Balmain, Reuters, Callaway, Fashion, Abaca, Louis, Art, femmes, Lingerie Locations: France, Europe, Chloé, AFP, Paris, Bermuda, Greenland, Stockholm, London, Balenciaga, Siân
A trio of emergencies has all struck just five weeks ahead of the 2024 presidential election. Both Donald Trump and Kamala Harris will be forced to reckon with the crises in the final days of their campaigns. AdvertisementViolence in the Middle East, a massive labor strike among East Coast and Gulf Coast dockworkers, and the devastation of Hurricane Helene all struck with only five weeks before the 2024 presidential election. "What we've seen out of Vice President Harris is we've seen steady leadership," he said when talking about the Middle East. What matters most now is how the candidates' messaging lands with specific communities impacted by these crises, Loge said.
Persons: Hurricane Helene, Donald Trump, Kamala Harris, , Israel, Peter Loge, David Jones, Trump, Joe Biden, Randall Adkins, Adkins, Loge, it's, Sen, JD Vance, Tim Walz, Vance, Harris, Walz, Biden, she's, BRYAN R, SMITH, Jones, Grace Cary, Helene Organizations: Service, East, School of Media, Public Affairs, George Washington University, Baruch College, City University of New, Trump, University of Nebraska, Gov, Logistics, JPMorgan, Getty, Biden Locations: Hurricane, East Coast, Gulf Coast, East, Middle, Iran, Israel, Lebanon, Tehran, City University of New York, University of Nebraska Omaha, American, Arizona, Georgia, Wisconsin, North Carolina, Michigan
The couple couldn't afford the cheapest $2,400 cost of full-time, professional childcare each month. AdvertisementThis as-told-to essay is based on a conversation with Stephanie Ross, 39, a mom of three from Southern California. But we're in the privileged position of having my mom provide childcare. Ross, pictured soon after the birth of her triplets, doesn't know how she'd cope without her mom's childcare help. It took Mom about five months to sell her house and settle her affairs before leaving.
Persons: Stephanie Ross, Ross, , Alice, Claire, Benjamin —, They're, Andrew, We'd, they'd, Monica, She'd, it's, Mom, I'm, we'd, It's, they'll, we've Organizations: Service, Business Locations: Southern California, California, Bay, Los Angeles, San Diego
The United States was sending more troops to Vietnam, and Mr. Hunter had recently found out he was one of them. During the session in her apartment, Ms. Neel outlined Mr. Hunter’s body, his hands, his legs and the chair on the five-foot-tall canvas. Mr. Als views these gestural marks outlining his legs, his jacket, his hand as a kind of memory of Mr. Hunter. But they could not locate Mr. Hunter or firmly establish his fate, only that he probably did not die in the Vietnam War. And she saved it and loved that painting as much as any.”The painting was kind of a bittersweet breakthrough for Ms. Neel, Ms. Baum said.
Persons: Alice Neel, Ms, Neel, , , Johnny Carson, Hartley, Ginny, Elizabeth, Hugh Hurd, ” Hartley, Ginny’s, Hilton Als, Neel’s, James Hunter, Hunter, Mr, Als, Hunter isn’t, Hunter didn’t, Kelly Baum, ” Ms, Baum, Alice Organizations: Puerto Ricans, Metropolitan Museum of Art, Whitney Museum Locations: Puerto, Los Angeles, United States, Vietnam, Spanish Harlem
I think that’s quite rare to have that, but I feel quite protected with the ‘Heartstopper’ fan base,” Finney said on a recent video call from her flat in London. Yasmin Finney and Will Gao in a scene from the Netflix series "Heartstopper." It is keyboard warriors on their phone, with a box of KFC, who are just like, ‘Oh, I hate trans people,’” Finney said. “When I finished filming season three [of ‘Heartstopper’], I just really realized that the roles that I’m getting are mostly trans. I kind of had this yearning for a connection with another kind of role,” Finney said, noting that she is still looking for that particular part.
Persons: Elle Argent, , ” Yasmin Finney, Finney, Who, , “ I’ve, ” Finney, Alice Oseman’s, Joe Locke, Kit Connor, Elle, Tao Xu, William Gao, Tao, , , Xu, Yasmin Finney, Will Gao, Samuel Dore, that’s, I’m, Russell T, Davies, Ncuti Gatwa, Rose Noble, Donna Noble, Catherine Tate, Rose, David Tennant, ’ ” Finney, “ I’m, Oseman, Heartstopper ” Organizations: Elle, Netflix, BBC, KFC Locations: United Kingdom, London, people’s, Manchester
Five French luxury icons grew $50 billion richer last week on the back of China's stimulus plans. AdvertisementFive titans of French fashion and beauty added a full $50 billion to their fortunes last week, boosting their combined wealth to more than $420 billion. Julien Hekimian/Getty ImagesKering founder François Pinault's net worth rose by $2.3 billion to $25.6 billion last week, placing him 78th on the list. Arnault was worth $24 billion more at $231 billion in March, which made him the world's wealthiest person at the time. Bettencourt Meyers was $7.5 billion richer at $101 billion in June, while the Chanel siblings were each worth about $6.4 billion more at roughly $55 billion around the same time.
Persons: LVMH's Arnault, Chanel, , stoked, Bernard Arnault, Louis Vuitton, Larry Ellison, Mark Zuckerberg, Françoise Bettencourt Meyers, L'Oréal's, Alice Walton, Francois Guillot, Alain, Gerard Wertheimer, Coco Chanel, Chanel's cofounders, Julien Hekimian, François, Balenciaga, Yves Saint Laurent, Kering, Francois, Henri Pinault, Salma Hayek, MICHAEL TRAN, Rodolphe Saadé, Arnault, haven't, Pinault, Bettencourt Meyers Organizations: Service, Tiffany, Bloomberg, Walmart, Getty, Gucci, CMA CGM, Procter & Gamble, Home, Costco Locations: China, Sephora, AFP
Economists at the Peterson Institute studied what would happen if Trump undermined Fed independence. The study's lead researchers dug into the economic impact of three of Trump's campaign promises: mass deportations, tariffs, and eroding Fed independence. Though Trump promises an America First economic agenda, McKibbin said that taking control of the Fed would get him the opposite results. AdvertisementHe doesn't think the public is paying enough attention to the risks of Trump's Fed proposals or the overall murkiness of the candidates' economic policy. "If you're going to advocate a policy, there has to be evidence as to why you're advocating that policy," McKibbin said.
Persons: Trump, , Warwick McKibbin, McKibbin, Jerome Powell, Trump hasn't, they're, Kamala Harris, Harris Organizations: Peterson Institute, Fed, BI, Service, Federal, Peterson Institute of International Economics, Trump, PIIE, Business, Wall Street Journal, Biden Locations: China, Canada, Mexico, Australia, America
Preliminary official results showed the Freedom Party finishing first with 29.2% of the vote and Chancellor Karl Nehammer’s Austrian People’s Party was second with 26.5%. Dutch far-right leader Geert Wilders, whose party dominates the Netherlands’ new government, congratulated the Freedom Party on social network X Sunday. Herbert Kickl, leader of the Freedom Party of Austria poses with supporters, in Vienna, Austria, Sunday, Sept. 29, 2024, after polls closed in the country's national election. The People’s Party is the far right’s only way into government, and now holds the key to forming any administration. But that looks very unlikely with the Freedom Party in first place.
Persons: Chancellor Karl Nehammer’s, Greens –, Herbert Kickl, , Kickl, ” Kickl, ” Nehammer, , Geert Wilders, Alice Weidel, Heinz, Peter Bader, Christian Strache, Andreas Babler, Nehammer, Storm Boris Organizations: Freedom Party, Sunday, Chancellor Karl Nehammer’s Austrian People’s Party, Social Democrats, Greens, Rivals, Party, Russia, Sky Shield, European Union, Germany, Freedom Party of Austria, People’s, People’s Party, Nazi Locations: Austria, Ukraine, , Germany, Brussels, Netherlands, Vienna, Russian, Europe
Los Angeles AP —Kris Kristofferson, a Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and A-list Hollywood actor, has died. Kristofferson died at his home in Maui, Hawaii, on Saturday, family spokesperson Ebie McFarland said in an email. Kristofferson, who could recite William Blake from memory, wove intricate folk music lyrics about loneliness and tender romance into popular country music. “There’s no better songwriter alive than Kris Kristofferson,” Nelson said during a November 2009 award ceremony for Kristofferson held by BMI. Producer Jon Peters, from left, Barbra Streisand and Kris Kristofferson appear at a preview of the film, "A Star is Born," in Dec. 23, 1976, in New York.
Persons: Kris Kristofferson, Kristofferson, Ebie McFarland, McFarland, Bobby McGee, ” Kristofferson, Ray Price crooning, Janis Joplin, , Ellen Burstyn, Martin Scorsese’s, Alice Doesn’t, Barbra Streisand, Wesley Snipes, William Blake, Bob Dylan, Willie Nelson, John Prine, Tom T, , ” Nelson, Barbara Streisand, Dylan, Jon Peters, Suzanne Vlamis, Cash, Grand Ole Opry, I’d, Fred Foster, Foster, Bobby McKee, Frederico Fellini, Waylon Jennings, Johnny Cash, Rob Verhorst, Joplin, Jesus, Rita Coolidge Organizations: Los Angeles AP, Hollywood, Times, BMI, Golden Gloves, Merton College, University of Oxford, U.S . Military Academy, West, Columbia Records, US Army, Associated Press, Grand Ole, Monument Records, , Getty, Joplin Locations: Rhodes, Maui, Hawaii, Brownsville , Texas, England, West Point , New York, Nashville, New York
Current and former campaign staffers told BI that they rarely have time to sit for a meal. "I probably ate my weight in Jimmy John's and Subway on those campaigns," he told Business Insider over the phone. Between rallies and phone calls, he chomped away at the sandwiches, one of many frantic campaign staffers without enough time for a sit-down meal. Nellis, now 36, told Business Insider that campaign culture is better now than when he started two decades age. While hunger suppressants, like cigarettes, are common sights among staffers, campaign offices are also stocked with junk food.
Persons: , Mike Sistak, Sen, John McCain, Mitt Romney's, Jimmy John's, Coke, Sistak, Marisol Samayoa, Adam Schiff's, Elissa Slotkin's, Pablo Roa, Romney, I'd, haven't, hasn't, Mike Nellis, Kamala Harris, Nellis Organizations: Service, Business, McCain, Foods, Nellis Locations: Lansing , Michigan
NYC Mayor Eric Adams insisted that he will remain in office despite his indictment. However, the city's charter outlines two ways Adams could be forcibly removed from his position. AdvertisementAfter news broke that New York City Mayor Eric Adams was indicted on five criminal counts, many other politicians started calling on him to resign his post. The committee includes five members: New York City's top attorney, the comptroller, the City Council speaker, the borough president serving the longest consecutive term, and a deputy mayor that the mayor selects, the city charter states. If Adams is removed from office or resigns, Jumaane Williams, the city's public advocate, would serve as acting mayor.
Persons: Eric Adams, Adams, Kathy Hochul, , Adrienne Adams, Donovan Richards, Brad Lander, Richards, Lander, Muriel Goode, Trufant, Goode, Randy Mastro, Fabien Levy, Jumaane Williams, Williams, Gracie Organizations: Service, New, New York City, Gov, York, City Council, City, Speaker, The New York Times Locations: New York, Gothamist , New York City, Lander,
Eric Adams was indicted on 5 criminal charges but denies wrongdoing in language that mirrors Trump. AdvertisementNew York City Mayor Eric Adams' indictment may be unprecedented, but his rhetoric isn't. In his staunch denial of any wrongdoing, Adams is sounding eerily similar to another politician: former President Donald Trump. AdvertisementBeyond painting themselves a victim or "target," Trump and Adams struck a similar tone another topic: immigration. At a press conference in New York City on Thursday afternoon, Trump defended Adams and praised the mayor's immigration stance.
Persons: Eric Adams, Biden, Trump, Adams, , Donald Trump, Roy Cohn, he's, He's, Fani Willis, Jack Smith, Joe Biden, Harris, Kathy Hochul, Democratic National Convention . Sen, Mark Kelly, Kamala Harris Organizations: Service, York City, Democrat, Mansion, Biden, Democratic National Convention . Locations: York, Turkish, Fulton County, New York City
Paris CNN —On the second day of Paris Fashion Week at the city’s Palais de Tokyo, a giant inflatable elephant welcomed guests to the Ester Manas fashion show. Methods such as ruching and drawstrings eliminate the need for classical sizing and enable Ester Manas to cater to sizes XS to 3XL. Similarly, a 2023 size inclusivity report conducted by Vogue Business found that 95.6% of all looks presented for Fall-Winter 2023 were in a size US 0-4. “Numerically, it is very apparent that this ‘trend’ (of both being personally comfortable with your size and size inclusivity being socially accepted) has retreated,” Delepierre said. “Beyond the size dimension, (Ester Manas clothes) are strong pieces that stand on their own and make everyone feel sexy,” he said.
Persons: Ester Manas, Balthazar Delepierre, SZA, Jorja Smith, Kali Uchis, Beth Ditto, , Manas, , bienveillance, bookers, Goldman Sachs, Ester Manas’s, they’ve, ” Delepierre, Ester Manas “, inclusivity, Giulietta Canzani Mora, ” Guillaume Boulez Organizations: Paris CNN —, BMI, CNN, Goldman, Vogue Business Locations: Paris, de Tokyo, , Manas, France
Read previewSpeaking at the US Treasury Market Conference on Thursday, Treasury Secretary Janet Yellen referenced her predecessors — and their mistakes — often. This story is available exclusively to Business Insider subscribers. "In January 2021, I stepped into a Treasury Department whose focus on financial stability had all but disappeared," she said. "Put simply, we were without crucial tools to identify and help respond to risks to financial stability," she said. Related storiesThere's nothing indicating that a second Trump administration would bring a different attitude toward regulation than his first.
Persons: , Janet Yellen, Donald Trump, Yellen, Trump's, Trump, Steven Mnuchin, Jon Hilsenrath, Kamala Harris Organizations: Service, US Treasury Market Conference, Business, Treasury Department, Federal Reserve, Securities, Exchange, Politico, Trump, Wall Street Locations: Basel III, mull
Read previewAfter months of having to defend his age, President Joe Biden seems willing to discuss it — and its limitations — openly. Sitting for an interview on "The View" on Wednesday, he subtly acknowledged how age factored into his decision to drop out of the election. While Biden stopped short of pinning his decision on his age alone, he openly hinted at the toll being an 86-year-old president would have taken. At his State of the Union speech in March, Biden simultaneously joked about and worked hard to justify his age. When Whoopi Goldberg, one of the hosts, compared Trump to a bug, Biden slapped the table, miming killing the insect to raucous applause.
Persons: , Joe Biden, Biden, Donald Trump, it's, he's, Robert Hur, Whoopi Goldberg, Trump, Kamala Harris Organizations: Service, Democratic, Business, Trump
Three Walmart heirs have net worths of at least $100 billion, per Bloomberg. Jim Walton is worth $103 billion, while Robson and Alice are worth $101 billion and $100 billion each. The trio's combined net worth has reached $304 billion, dwarfing Elon Musk's $268 billion fortune. AdvertisementThree Walmart heirs are now worth at least $100 billion each — and together they're richer than the world's wealthiest person, Elon Musk. The three surviving children of the late Sam Walton — Jim, Robson, and Alice — are now worth $103 billion, $101 billion, and $100 billion respectively, per the Bloomberg Billionaires Index.
Persons: Jim Walton, Robson, Alice, dwarfing Elon Musk's, , Elon Musk, Sam Walton — Jim, Alice — Organizations: Walmart, Bloomberg, Service, Business
In private, Zuckerberg identifies with the libertarian ideology, sources told the New York Times. AdvertisementOut of the public eye, Mark Zuckerberg identifies with libertarianism — or at least that's according to the few sources privy to his private political thoughts. As Zuckerberg attempts to convince Republicans that he, and his company Meta, are nonpartisan, sources told the New York Times that he's sunk into a political cynicism. Much of the animosity toward Zuckerberg trickles down from the top of the party, beginning with former President Donald Trump himself. Zuckerberg suspended Trump's Facebook account after the events of January 6 and thus ignited the former president's anger.
Persons: Zuckerberg, Zuck, , Mark Zuckerberg, Brian Baker, Donald Trump Organizations: New York Times, Service, Republicans, Meta, Facebook
But think-tank economists warned Business Insider that former President Donald Trump's proposed mass deportation could open that door right back up. Beyond posing significant humanitarian concerns, economists worry Trump's proposed mass deportation would be hugely inflationary, partly due to the basic calculations of supply and demand. Both he and Edelberg said a sudden mass deportation would upend the labor supply and, in turn, the ability to make goods. McKibbin has researched the impact of mass deportation and said it would lead to a combination of lower production and higher costs, particularly in the agriculture and construction sectors. Add on the uncertainty that mass deportation would bring, and a chilling effect among investors seems plausible.
Persons: , Donald Trump's, Kamala Harris, Trump, Harris, Trump's, Wendy Edelberg, Warwick McKibbin, Edelberg, Adam Posen, Posen, McKibbin, Josh Bivens Organizations: Service, Federal Reserve, Trump, Business, Brookings Institution, Peterson Institute for International Economics, Peterson Institute, Bloomberg TV, Economic Policy Institute, Democratic
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